Faurecia will nearly halve its suppliers by 2006; French components company drastically cuts its partners.(Suppliers)(Brief Article)

Automotive News Europe,  February, 2004  

• E-mail
• Print
• Link

Byline: Edmund Chew, Sylviane de Saint-Seine

Faurecia is dramatically slashing the number of Tier 2 suppliers it uses to improve efficiency and quality.

Since the beginning of 2003, the French component maker has trimmed its suppliers to 2,400 from 2,800. It is headed toward 1,500 suppliers by 2006, CEO Pierre Levi said at a press briefing.

By working with fewer suppliers, "you work together more closely and have a tighter relationship" said Gerard Breining, executive vice president of purchasing at Faurecia. "It helps to have them become more involved in our ...

Read the rest of this article with a Free Trial at HighBeam Research.